The NZDUSD begins positively – Analysis - 04-08-2020
Economies.com
2020-08-04 03:47AM UTC
The NZDUSD pair started today with bullish bias after the negative pressure that it witnessed yesterday, to attempt to step above the key support 0.6620 again, which keeps the chances valid to continue the main bullish trend scenario, which targets 0.6750 areas mainly.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6620 will press on the price to test 0.6530 areas before any new attempt to rise.
The expected trading range for today is between 0.6580 support and 0.6700
The expected trend for today: Bullish
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